Psychology

Rational Thinking - Warren Buffett

Rational Thinking – How to think and invest like Warren Buffett

Leave a Comment / Concepts, Investment, Personalities, Psychology /

What is Rationalism? Rationalism is the belief that one’s opinions or actions should be based on reason and knowledge rather than emotional responses. A rational person thinks clearly, sensibly, and logically. Rationality is not the same as intelligence. Smart people can do dumb things. Keith Stanovich, in his book “What Intelligence Tests Miss: The Psychology […]

Rational Thinking – How to think and invest like Warren Buffett Read More »

Behavioral Finance

Behavioral Finance – Investing Psychology | How to avoid the cognitive biases

Leave a Comment / Concepts, Investment, Psychology /

Table of Contents What is the concept of Behavioral finance? Behavioral finance is a subfield of behavioral economics. It proposes that psychological influences and biases affect the financial behavior of investors. These influences and biases can be the source for the explanation of all types of market anomalies specifically those in the stock market, such

Behavioral Finance – Investing Psychology | How to avoid the cognitive biases Read More »